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Mexico's central bank to buy government securities to manage liquidity

Mexico's central bank said on Monday it will from the third quarter of 2026 add purchases of short-term government securities to its arsenal of liquidity-management tools, a move officials say is aimed at improving money-market functioning and does not signal a change in monetary policy.Banco de Me…

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Bonds
NEWS reuters

Fed's Cook says Supreme Court decision defends central bank's independence

Federal Reserve Governor Lisa Cook said following a Supreme Court decision on Monday that thwarted her attempted firing by President Donald Trump that the ruling defends central bank independence."The Supreme Court's decision to leave the lower court's order in place and affirm the need for real pr…

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Economy
NEWS reuters

Brazil launches consumer debt refinancing plan for current borrowers

By Marcela Ayres and Bernardo CaramBrazil's government on Monday unveiled another initiative aimed at renegotiating consumer debt, this time targeting borrowers who are up to date on their payments, as President Luiz Inacio Lula da Silva moves closer to a re-election bid in October.The program aims…

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Economy
reuters

Morgan Stanley flags fading momentum in chip rally

MORGAN STANLEY FLAGS FADING MOMENTUM IN CHIP RALLYThe semiconductor rally that has helped power Wall Street's advance is beginning to lose momentum, Morgan Stanley analysts said, flagging signs that the trade may be running out of steam.Earnings optimism for chipmakers appears stretched, with the b…

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StocksUS
reuters

Golden Pass LNG appears offline after near halt in gas intake, LSEG data show

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has taken in little to no natural gas over the past three days and appears to be offline, according to data from financial firm LSEG.The Texas-based export facility has been commissioning the first of its three LNG trains since Ma…

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FuturesStocksGBQAUS

Dollar slips, yen tumbles to 40-year low

By Karen Brettell and Amanda CooperThe dollar edged lower on Monday but remained near a 13-month high, supported by optimism over U.S. economic growth, the prospect of Federal Reserve interest rate hikes, and a continuing AI-driven boom in U.S. equity markets that has been drawing in capital at a r…

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Forex